Friday, Nov 13, 2009

Friday 13th feeling again!

Times: Mortgage rescue programme helps only 92 families

"The rescue programme was set up to bail out vulnerable families who faced repossession after defaulting on mortgage repayments. Figures out yesterday showed that while 11,000 householders had received free advice about their mortgage predicament since the beginning of the year, only 92 accepted a rescue offer. While the scheme was officially launched in January, it was announced in September last year". Doh!

Posted by alan @ 03:07 PM (563 views)
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1 Comment

1. Tpbeta said...

The programme is redundant as the banks are already very reluctant to repossess, for balance sheet reasons.

Friday, November 13, 2009 04:10PM Report Comment
 

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